Vodafone celebrates tax victory in India
India's highest court has ruled that Vodafone is not liable for taxes and penalties amounting to $4.4bn (£2.8bn).
The judgement could relieve pressure on other foreign companies facing similar tax investigations in India.
The case centred on Vodafone's $11bn acquisition of the Indian assets of China's Hutchison Telecommunications in 2007.
Nidhi Dutt reports.
20 Jan 2012
- From the section Business